General Motors Profit and Revenue Drops
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How does GM expect to be profitable with EVs when players like Tesla apparently cannot?” Separately, Piper Sandler told clients that GM stock won’t break free of its bargain-basement multiple of five times next year’s forecast earnings if management is only tinkering around on the edges.
GM said earnings in the second quarter reflect a more than $1 billion hit from President Donald Trump's tariffs.
General Motors (GM) said Tuesday that President Trump’s tariffs cost the company $1.1 billion in the second quarter, contributing to an overall decline of 35 percent in profit. But the company
General Motors is the latest company to record a hit from the president’s trade war. But so far, investors remain upbeat.
General Motors CEO Mary Barra provides insight on how General Motors is handling various challenges while keeping consumers happy on "The Claman Countdown." MARY BARRA: Demand is exceptionally ...
General Motors CEO Mary Barra Says Company Has Capability To ‘Put Everyone In An EV’ By Sam McEachern. October 27, 2020 12:13 pm . Facebook Twitter LinkedIn Pinterest Email Print.
Barra: I’m here because 20 years ago at General Motors people valued diversity, and I was given stretch opportunities or put into roles where I had the opportunity to demonstrate myself.
General Motors CEO Mary Barra on Wednesday discussed tackling production and keeping customers happy amid supply chain challenges on "The Claman Countdown." The chief executive said demand has ...
DETROIT (WWJ) - General Motors' new CEO Mary Barra says the key to the company going forward is innovation. "If I had to sum it up in one word, it's accelerate." Previous CEO Dan Akerson had ...
“Driven by its reduced nickel and cobalt content in large truck packs, we believe that potential savings on LMR may be even greater than using LFP at today's metal prices,” GM CEO Mary Barra said during the second quarter earnings call on Tuesday.